Reference & Archive

Ireland’s $350 million FSRU still three years away

Plans to install an FSRU in the Irish port of Cork could see a vessel ordered next year, with startup in 2020Plans to install an FSRU in the Irish port of Cork could see a vessel ordered next year, with startup in 2020.

An FSRU could supply fuel to other ships that visit Cork. (William Murphy, Flickr)

The installation of a 3 mtpa FSRU at the Irish port of Cork will take more than three years and cost approximately $350 million, the developers have said.

John Cook, chief executive of vessel provider Flex LNG, told Interfax Natural Gas Daily the company should be able to evaluate progress in one year’s time and make a decision on ordering a new-build FSRU then. Project developer NextDecade and Flex LNG have yet to agree on how to share costs, but it is likely the pre-construction stage...

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.